Friday, May 20, 2011

Hayes Management Consulting, a leading healthcare consulting firm, and The Coding Network, LLC, a leading healthcare coding and auditing firm, unveiled a strategic partnership to provide a total audit and remediation solution to the physician practice management and compliance marketplace.

The partnership´s offering, MDauditCompleteTM provides physician practices and compliance offices with skilled clinical auditors and access to Hayes´ MDaudit Professional software to more efficiently and effectively reduce billing compliance risk.

"MDauditComplete will identify a statistically valid cross-section of a practice´s service and assist with the coding accuracy evaluation process conducted by a team of auditors knowledgeable and sophisticated in each of 55 different clinical specialties," stated Andrew Treanor, COO of Hayes Management Consulting: "Our two firms´ competencies create a turnkey solution that provides the coding quality and rigor currently demanded in healthcare."

MDaudit Professional and its counterpart for acute care facilities, MDaudit Hospital, are used by healthcare organizations to increase audit production, streamline and standardize the compliance process and assess their exposure to risk. More than half of the "honor roll" organizations in US News and World Report´s Top Hospitals List are MDaudit clients.

The Coding Network, LLC (TCN) has more than 300 certified coders and auditors, each focusing on the coding for a particular clinical specialty. TCN provides ongoing day-to-day coding, auditing, a specialty coding "helpline," and provider training to physicians and ambulatory surgical centers (ASCs) in 49 states.

The concept for MDauditCompleteTM was developed as the two companies found themselves working shoulder-to-shoulder with Mike Lynch, Corporate Compliance Officer at the University of Missouri School of Medicine´s multi-specialty faculty practice with more than 650 physicians.

"The results of our teamwork were phenomenally well received," says Treanor, "It was a natural progression to offer our services as one seamless package."

About Hayes Management Consulting

Hayes is ranked the Top Overall Professional Services Firm by KLAS : (2007-2010) in the 2010 Top 20 Best in KLAS Awards: Software & Professional Services. Hayes improves healthcare with services and software designed to improve operational efficiency and effectiveness.